| UDOW latest price $61.1900 (4.74%) ($60.5500 - $61.5400) on Wed. Aug. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 69 |
Latest Price | $61.1900(4.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UDOW advances 0.9% a day on average for past five trading days. |
Weekly Trend | UDOW advances 3.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UDOW advance at 0% a week (0% probability) VYM(94%) VT(91%) XLI(91%) XLF(89%) XLB(83%) |
Factors Impacting UDOW price | UDOW will decline at least -1.875% in a week (0% probabilities). VIXM(-59%) UUP(-38%) VXX(-22%) TBT(-13%) EDOC(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.875% (StdDev 3.75%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.5% |
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